Web Hosting Talk







View Full Version : Merchant accounts


xwebdesigner
05-28-2001, 02:50 PM
Who are you all with.

installbill.com
revecom.com

Any differnce? Or are they all the same?

Ericd
05-28-2001, 03:04 PM
I am currently with instabill.

there's a difference with the cost. For orders under about $16 instabill is cheaper and over that, well revecom is cheaper.

instabill don't have a setup fee, revecom have a $49.95 setup fee.

instabill don't send any alerts when you have a new order, well for me at least, so you have to check often if you don't want to leave a client without hosting and have a 48 setup time rather than 6 ;)

Jedito
05-28-2001, 05:22 PM
HostAb did you receive the emails for new sell from instabill? I have more than 1 week without receiving it.
It's only me? or everybody have the same problem?

xwebdesigner
05-28-2001, 06:30 PM
I was just about to sign up with instabill.com but is something going on with them?

Do you recieve payents on time?

Jedito
05-28-2001, 06:33 PM
We have only 2 weeks with them.. Still don't have to send us any money. So.. I can't tell you if they pay in term.

Ericd
05-28-2001, 06:38 PM
It's not only you Jedito, i never received any new orders alert since i joined, near 30 days :(

Mark Vockler
05-29-2001, 04:03 AM
Revecom has an excellent fraud protection system in place, and they always pay on time (bi-weekly). Email notification is great as well: they inform you of new transactions as well as transactions voided due to fraud risk.

Mark Vockler
Aletia Hosting

Tox
05-29-2001, 05:02 AM
Instabill pays on time and normally very friendly and has good support. During the last weeks tey had problems not sending out mails when there are new orders though.

Marty
05-29-2001, 09:11 AM
I use Revecom right now. (I am in the process of setting up a true merchant account) When I first signed up with revecom, I would receive my checks seven days after each statement closing date. However, over the last three months I have noted that the time has grown to 10-14 days for check to arrive.

ckevin
05-29-2001, 09:36 AM
I think installbill.com and revecom.com using the same system infrastructure. Both provide excellant fraud protection, so the only difference is the revecom.com need a setup fee.

(I don't think the owner of installbill.com and revecom.com is the same person, but at least the system they are using is more or less the same :) )

Mark Vockler
05-29-2001, 09:55 AM
Originally posted by ckevin
I think installbill.com and revecom.com using the same system infrastructure. Both provide excellant fraud protection, so the only difference is the revecom.com need a setup fee.

This is one of the main reasons why we still like using our Revecom account even though we already have our own merchant account. It saves us the hassle of having to monitor every transaction, so we can focus on serving our clients better.

Mark Vockler
Aletia Hosting

Jedito
05-29-2001, 05:09 PM
I just sign up with sfcommerce.com... they are GREAT!! they call me to argentina, they rates rocks.. %2.35 per transaction + 0.35 and $25 minimal transaction per month

astralexis
05-29-2001, 06:05 PM
You mean their FirePay product?

Looks like it requires a Merchant Account

Jedito
05-29-2001, 06:15 PM
No, they give you the merchant account.

Mark Vockler
05-29-2001, 08:15 PM
Originally posted by Jedito
No, they give you the merchant account.

Are you talking about the one at www.firepay.com? It looks similar to the PayPal mechanism, as buyers can deposit funds in their own FirePay accounts. Are there any setup/monthly/additional fees for merchants? What about the payout periods/methods?

FirePay.com appears on the credit card statements, so you aren't getting your own merchant account (your company name appears if you have your own). This would classify them as being a "3rd-Party Processor", as are Revecom and Instabill.

Or were you talking about a completely different service?

Mark Vockler
Aletia Hosting

Jedito
05-29-2001, 08:48 PM
You pay 1 Setup Fee of $299 plus %2.35 + 0.35 per transaction with a minimal transaction of $25
Check Out Here
http://www.sfcommerce.com/Products/transaction/DetailedSummary.asp?Lang=Eng

Marty
05-29-2001, 08:58 PM
Originally posted by Mark Vockler


Are you talking about the one at www.firepay.com? It looks similar to the PayPal mechanism, as buyers can deposit funds in their own FirePay accounts. Are there any setup/monthly/additional fees for merchants? What about the payout periods/methods?

FirePay.com appears on the credit card statements, so you aren't getting your own merchant account (your company name appears if you have your own). This would classify them as being a "3rd-Party Processor", as are Revecom and Instabill.

Or were you talking about a completely different service?

Mark Vockler
Aletia Hosting

Mark,

They also have a full mechant account product. It provides the merchant account and the gateway. I looked at them at one time.

hickster
05-29-2001, 10:09 PM
Does insta bill have manual entry of credit cards? Cause I want an inexpensive service, where I can punch in the numbers myself. That way the orderform for webhosting is much more customizeable. Currently I am with 2checkout.com... They have outstanding customer services, and good control panel, but there's no manual entry... Check it out though... Give me feedback on what u think...

Brett Hickman

astralexis
05-30-2001, 12:55 AM
Jedito: They don't publish those conditions on the site but rather make individual offers, seems like the higher your expected turnover, the better the conditions.

How much expected monthly income did you suggest them in order to get those conditions?

Jedito
05-30-2001, 12:56 AM
No Hickster.. Instabill don't have manual entry of cc :(

Soph
05-30-2001, 09:56 AM
Yipes - no email notification?! My client is going to be very dependent on that for her tangible product purchases. Anyone have any other alternatives? I looked at Revecom.com for her, but they charge a $25 monthly fee. She cannot afford to pay that right now until we see how well her products sell.

Instabill advertises that they do give email notification on new orders. Has anyone submitted this issue to Instabill - and what was their response to fixing this?

Thanx

Sophie

Jedito
05-30-2001, 10:03 AM
I send several email to the support about that problem.. and all the times they told me that they are working on it :P

Marty
05-30-2001, 11:30 AM
Originally posted by Soph
Yipes - no email notification?! My client is going to be very dependent on that for her tangible product purchases. Anyone have any other alternatives? I looked at Revecom.com for her, but they charge a $25 monthly fee. She cannot afford to pay that right now until we see how well her products sell.

Instabill advertises that they do give email notification on new orders. Has anyone submitted this issue to Instabill - and what was their response to fixing this?

Thanx

Sophie

I use revecom and they charge no monthly fee. $49 setup fee, but no monthly fee so long as you recieve payment by mailed check.

Walter
05-30-2001, 11:39 AM
That depends on the type of your Revecom account:

TPP sale: for hosts, web services,... no monthly fee
TPP catalog: for selling tangible goods $25 monthly

Soph
05-30-2001, 11:41 AM
Hi Marty,

That's only if you sell intangible items (a service). My client is selling gift items and on their website they state that you have to pay them :
Setup = $79.00
Monthly = $25.00

Or can I use the other method for tangible items? I'll drop them an email to verify.

Thanx,

Soph

Soph
05-30-2001, 02:00 PM
Hey All,

I just talked to a revecom rep and they are changing their Tangible products guidelines (TPP Catalog) to be similar to the Intangible products. They are removing the monthly fee - effective last Wednesday. Although they said to wait until they have updated their webpages before signing up since some of the terms are still being revised. The setup fee will still be $79.00 and the transaction rate will be higher.

Just FYI! :D

Soph

akashik
05-31-2001, 04:52 AM
you mean they *are* going to change things? Some of us have been waiting since April for the 'new and improved' revecom *lol*

Soph
05-31-2001, 08:31 AM
yea - but, of course, he reeeaaallly couldn't commit to a date as to when it will get posted on the web and be "official". he did however say that the change became effective last wednesday. so i suspect that if you call in and ask, you can get in on the deal early.

by the way, anyone using instabill have problems with the catalog not calculating the shipping rates based on weight? it seems to work fine as individual items, but if i go through the catalog feature and test it, the shipping flat out doesn't work.

i also got a reply back from instabill about the email notification problem and they said it should be working now. i guess i'll find out when we go live in a few days.....

soph